AdvisorShares Investments LLC Has $595,000 Stake in Domino’s Pizza, Inc. (NASDAQ:DPZ)

AdvisorShares Investments LLC grew its position in Domino’s Pizza, Inc. (NASDAQ:DPZ) by 325.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,418 shares of the restaurant operator’s stock after acquiring an additional 1,085 shares during the quarter. AdvisorShares Investments LLC’s holdings in Domino’s Pizza were worth $595,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. KG&L Capital Management LLC increased its stake in shares of Domino’s Pizza by 1.4% during the 4th quarter. KG&L Capital Management LLC now owns 1,725 shares of the restaurant operator’s stock worth $724,000 after purchasing an additional 23 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Domino’s Pizza by 2.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 1,157 shares of the restaurant operator’s stock valued at $486,000 after purchasing an additional 23 shares during the last quarter. Greenleaf Trust raised its stake in shares of Domino’s Pizza by 3.1% during the fourth quarter. Greenleaf Trust now owns 854 shares of the restaurant operator’s stock valued at $358,000 after acquiring an additional 26 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Domino’s Pizza by 40.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 91 shares of the restaurant operator’s stock valued at $38,000 after acquiring an additional 26 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in Domino’s Pizza by 2.8% in the fourth quarter. Larson Financial Group LLC now owns 1,017 shares of the restaurant operator’s stock worth $427,000 after purchasing an additional 28 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Domino’s Pizza

In other Domino’s Pizza news, CFO Reddy Sandeep sold 1,077 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $443.20, for a total value of $477,326.40. Following the completion of the sale, the chief financial officer now directly owns 8,081 shares in the company, valued at $3,581,499.20. This represents a 11.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kevin Scott Morris sold 5,416 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $437.00, for a total transaction of $2,366,792.00. Following the completion of the transaction, the executive vice president now owns 793 shares in the company, valued at approximately $346,541. This represents a 87.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,996 shares of company stock worth $3,946,461. 0.83% of the stock is owned by corporate insiders.

Domino’s Pizza Price Performance

Shares of NASDAQ DPZ opened at $490.64 on Tuesday. Domino’s Pizza, Inc. has a 1 year low of $396.06 and a 1 year high of $542.75. The stock has a market capitalization of $16.83 billion, a P/E ratio of 30.14, a P/E/G ratio of 2.47 and a beta of 1.15. The company has a 50-day moving average price of $462.91 and a 200-day moving average price of $448.85.

Domino’s Pizza (NASDAQ:DPZ) last issued its earnings results on Monday, April 28th. The restaurant operator reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.21. Domino’s Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The business’s revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $3.58 earnings per share. As a group, equities research analysts anticipate that Domino’s Pizza, Inc. will post 16.74 earnings per share for the current fiscal year.

Domino’s Pizza Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $1.74 dividend. This is an increase from Domino’s Pizza’s previous quarterly dividend of $1.51. This represents a $6.96 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend was Friday, March 14th. Domino’s Pizza’s dividend payout ratio is 41.70%.

Analyst Ratings Changes

DPZ has been the subject of several recent research reports. TD Cowen reiterated a “buy” rating and issued a $490.00 price target on shares of Domino’s Pizza in a research report on Monday, February 24th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price objective on shares of Domino’s Pizza in a report on Tuesday, April 1st. Citigroup decreased their price target on shares of Domino’s Pizza from $500.00 to $480.00 and set a “neutral” rating on the stock in a research report on Thursday, April 10th. Benchmark reiterated a “buy” rating and set a $520.00 price objective on shares of Domino’s Pizza in a research report on Tuesday, February 25th. Finally, Morgan Stanley reduced their target price on shares of Domino’s Pizza from $510.00 to $496.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $500.68.

Domino’s Pizza Company Profile

Domino’s Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino’s brand name through company-owned and franchised stores.